Myanmar: Plum And Sloe Market 2025

Plum And Sloe Market Size in Myanmar

The Myanmar's plum and sloe market skyrocketed to $X in 2022, growing by 6,683% against the previous year. In general, consumption continues to indicate a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Plum And Sloe Production in Myanmar

In value terms, plum and sloe production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 1,177% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of plums and sloes in Myanmar amounted to less than X kg per ha in 2022, flattening at 2021 figures. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the plum and sloe harvested area in Myanmar totaled less than X ha, stabilizing at 2021. Over the period under review, the harvested area saw a relatively flat trend pattern.

Plum And Sloe Exports

Exports from Myanmar

In 2022, exports of plums and sloes from Myanmar fell remarkably to X tons, declining by -81.7% compared with 2021. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 646%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, plum and sloe exports contracted significantly to $X in 2022. Over the period under review, exports saw a dramatic setback. The growth pace was the most rapid in 2018 with an increase of 3,915%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for plum and sloe exports from Myanmar, with a 83% share of total exports. Moreover, plum and sloe exports to China exceeded the volume sent to the second major destination, Bangladesh (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to China amounted to -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+23.3% per year) and India (-36.1% per year).

In value terms, China ($X) remains the key foreign market for plums and sloes exports from Myanmar, comprising 86% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at -22.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+2.9% per year) and India (-46.0% per year).

Export Prices by Country

The average plum and sloe export price stood at $X per ton in 2022, surging by 16% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 438% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-14.9%), while the prices for the other major destinations experienced a decline.

Plum And Sloe Imports

Imports into Myanmar

After two years of growth, overseas purchases of plums and sloes decreased by -12% to X tons in 2022. Over the period under review, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 574%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plum and sloe imports rose rapidly to $X in 2022. Overall, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 418% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main plum and sloe supplier to Myanmar, with a 94% share of total imports. It was followed by Thailand (X kg), with a 2.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -35.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-63.3% per year) and Australia (-55.6% per year).

In value terms, China ($X) constituted the largest supplier of plums and sloes to Myanmar, comprising 87% of total imports. The second position in the ranking was held by Australia ($X), with a 5.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at -30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-45.0% per year) and Thailand (-63.7% per year).

Import Prices by Country

The average plum and sloe import price stood at $X per ton in 2022, with an increase of 26% against the previous year. Overall, the import price posted prominent growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 473% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+23.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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